DarkPulse replaces auditor effective Sept. 11, 2026
DarkPulse replaced its independent auditor while prior audit reports highlighted substantial doubt about the company’s ability to continue as a going concern.
Rhea-AI Filing Summary
DarkPulse, Inc. (DPLS) changed its independent registered public accounting firm. Effective September 11, 2026, the company dismissed Boladale Lawal & Co. and, on the same date, engaged M&K CPAS, PLLC to serve as its new independent auditor, a decision ratified by the board on September 14, 2026.
Boladale Lawal & Co.’s audit reports on DarkPulse’s consolidated financial statements for the years ended December 31, 2024 and 2025 contained explanatory paragraphs expressing substantial doubt about DarkPulse’s ability to continue as a going concern, but no adverse or disclaimed opinions and no qualifications on scope or principles. DarkPulse states there were no disagreements or other reportable events with the former auditor, and that it did not previously consult M&K on accounting or auditing matters before the engagement.
Positive
- None.
Negative
- Going-concern uncertainty disclosed: Prior audit reports for the years ended December 31, 2024 and 2025 included explanatory paragraphs expressing substantial doubt about DarkPulse’s ability to continue as a going concern, signaling elevated financial and liquidity risk.
Filing Explained
M&K’s 2026 audit and quarterly review work is assigned; the former auditor’s response letter remains pending.
M&K’s engagement covers the audit of the year ending
The company says BLC’s response letter had not arrived when the filing was made, so the filing does not yet include that former-auditor response. DarkPulse says it will submit the letter as Exhibit 16.1 by amendment after receipt.
8-K Event Classification
Item 4.01 — Changes in Registrant's Certifying Accountant
1 item
Item 4.01
Changes in Registrant's Certifying Accountant
Governance
The company changed its independent auditing firm, which may involve disagreements on accounting matters.
Key Figures
Dismissal effective date: September 11, 2026
New auditor engagement date: September 11, 2026
Board ratification date: September 14, 2026
+2 more
5 metrics
Dismissal effective date
September 11, 2026
Date Boladale Lawal & Co. was dismissed as independent auditor
New auditor engagement date
September 11, 2026
Date M&K CPAS, PLLC was engaged as independent auditor
Board ratification date
September 14, 2026
Date the board ratified the dismissal and new auditor appointment
Fiscal years covered by prior auditor reports
2 years (2024 and 2025)
Boladale Lawal & Co. audited these fiscal years
Quarterly review period for new auditor
Three- and nine-month periods ended September 30, 2026
M&K to review unaudited quarterly financial information for these and subsequent periods
Key Terms
independent registered public accounting firm, going concern, reportable events, Public Company Accounting Oversight Board, +1 more
5 terms
independent registered public accounting firm financial
"dismissed Boladale Lawal & Co. as the Company's independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
going concern financial
"each such report contained an explanatory paragraph expressing substantial doubt about the Company’s ability to continue as a going concern"
Going concern is the accounting assumption that a company will keep operating and meeting its obligations for the foreseeable future. The phrase matters most when a company or its auditors disclose substantial doubt about it, a formal warning that the business may not have enough resources to continue without raising money, restructuring, or selling assets. That language in a filing or press release signals elevated financial risk.
reportable events regulatory
"there were no “reportable events” of the type described in Item 304(a)(1)(v) of Regulation S-K"
Reportable events are significant incidents or changes a company is legally required to disclose to regulators and the public, such as major safety problems, legal actions, financial irregularities, or management changes. They matter to investors because these events can alter a company’s risk profile or future performance, much like a dashboard warning light signals a problem that could affect a car’s safety or reliability. Timely disclosure helps investors make informed decisions and maintain market fairness.
Public Company Accounting Oversight Board regulatory
"M&K has advised the Company that it is a public accounting firm registered with the Public Company Accounting Oversight Board"
An independent oversight body that inspects and sets rules for the firms that audit public companies’ financial statements, ensuring those audits are thorough and trustworthy. Like a building inspector checking that a structure is safe, it helps investors rely on reported profits and debts by reducing the chance of sloppy or fraudulent audits; stronger oversight can raise investor confidence and affect how the market values a company.
Regulation S-K regulatory
"reportable event (as described in Item 304(a)(1)(v) of Regulation S-K)"
A set of U.S. Securities and Exchange Commission rules that tell public companies which narrative and qualitative details must be disclosed in filings, such as risk factors, management discussion, executive pay, legal proceedings and business description. Think of it as a standardized checklist or blueprint that ensures investors get the same types of background information from every company so they can compare risks, management quality and strategy before making investment decisions.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did DarkPulse, Inc. (DPLS) announce about its independent auditor?
DarkPulse dismissed Boladale Lawal & Co. as its independent registered public accounting firm effective September 11, 2026, and engaged M&K CPAS, PLLC as its new auditor, with the board of directors ratifying both actions on September 14, 2026.
Why are DarkPulse’s prior audit reports significant for investors in DPLS?
Audit reports from Boladale Lawal & Co. for 2024 and 2025 included explanatory paragraphs expressing substantial doubt about DarkPulse’s ability to continue as a going concern. The opinions were otherwise unqualified, but the going-concern language signals notable financial uncertainty.
Were there any disagreements between DarkPulse and its former auditor?
DarkPulse states there were no disagreements with Boladale Lawal & Co. during the two most recent fiscal years and through September 11, 2026 on accounting principles, financial statement disclosure, or audit scope and procedures, and no reportable events as described in Item 304(a)(1)(v) of Regulation S-K.
Who is DarkPulse’s new independent registered public accounting firm?
DarkPulse engaged M&K CPAS, PLLC on September 11, 2026 as its independent registered public accounting firm. M&K will audit the consolidated financial statements for the year ending December 31, 2026 and review unaudited quarterly information for the periods specified in the engagement letter.
Did DarkPulse consult M&K CPAS, PLLC before hiring them as auditor?
DarkPulse reports that during the prior two fiscal years and through September 11, 2026, neither it nor anyone on its behalf consulted M&K on applying accounting principles, potential audit opinions, or any matters involving disagreements or reportable events under Regulation S-K.
What additional step is expected from DarkPulse’s former auditor?
DarkPulse requested that Boladale Lawal & Co. provide a letter to the SEC stating whether it agrees with DarkPulse’s disclosures about the auditor change. DarkPulse plans to file this letter as Exhibit 16.1 by amendment after it is received.
AI-generated analysis. How Rhea-AI works. Not financial advice.
